Property Investment Yields | February 2019

Property values stable outside the retail sector

• Further bad news from retailers and rumoured CVAs in the pipeline continue to undermine investor confidence in the retail sector.
• Core locations and sustainable rents attract investors looking to de-risk. Vacant retail requires a development angle to attract interest.
• Demand strongest for South East multi let industrial opportunities where rental growth prospects are perceived to be better.
• Distribution units single let to retailers proving less attractive.
• Central London looking quiet in Q1, much like last year, until political clarity emerges. Expectations are positive for the year as a whole.
• Limited new stock in South East and regional markets with stronger interest in established town centre locations